The Fed hiked its key interest rate by 25 bps to 5.5%The Fed expresses doubt that inflation will continue to decrease towards its 2% target without implementing another rate hike.
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Premiums for home and flood insurance in Florida have been rising faster than in any other state. Home insurance costs in Florida ↑ 57% since 2015, nearly triple the national avg of 21%. Factors contributing to the rising insurance costs: Climate change Inflation ↑ interest rates Construction of expensive homes in vulnerable areas ↑ new…
